Andreessen- and Thiel-backed defense startup Covenant opens US missile factory
Summary
Defense tech startup Covenant, founded in 2024, has exited stealth mode and opened a US missile manufacturing facility.
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Covenant, a defense technology startup backed by prominent investors Marc Andreessen and Peter Thiel, has officially exited stealth mode with the opening of a new missile manufacturing factory in the United States.
Founded in 2024, the company is focused on accelerating lower-cost missile production to meet the operational demands of the U.S. military.
Source: CNBC
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